January 16 (SeeNews) - Albania's finance ministry sold 2.875 billion leks ($27 million/24.9 million euro) worth of ten-year Treasury notes at an auction on Monday, data by the country's central bank showed.
The coupon on the issue was set at 7.60%, higher compared with 6.25% at the previous auction of ten-year government securities held in July, according to figures published by the central bank.
The government securities will mature on January 18, 2033.
Details follow:
Auction date |
January 16 |
July 18 |
Amount offered (bln leks) |
2.5 |
2 |
Amount sold (bln leks) |
2.875 |
2 |
Total bids placed (bln leks) |
6.861 |
2.322 |
Bid-to-cover ratio |
2.39 |
1.16 |
Maximum requested yield |
9.00% |
6.25% |
Maximum accepted yield |
7.60% |
6.25% |
Minimum requested yield |
5.90% |
4.90% |
Minimum accepted yield |
7.60% |
6.25% |
Coupon |
7.60% |
6.25% |
(1 euro = 115.343 leks)